Today Nifty opened flat, tried to take support around 21700 but after sometime broke our sell level 21680 on the downside and made a low around 21550 which was our final target. For tomorrow, if Nifty breaks 21600 on the downside we expect to see 21560 and below levels marked on the chart. On the other side, if Nifty sustains above 21700, we expect to see some ...
Regarding Nifty: If it opens with a gap down and breaks the demand zone (21533 to 21518), then we can expect a continuation of correction with minor pullbacks. On the other hand, if it finds support within that range as per the structure, it might experience a minimum 38% Fibonacci retracement.
Nifty Prediction for Tomorrow BEARISH Reversal expected as marked in the chart. Look for Buy/Sell at Demand and Supply zone for profitable trades. Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support. Refer the chart for detailed Intraday Support and Resistance levels. Happy Trading!!
NIFTY Intraday Trade Setup For 03 Jan 2023 Bullish-Above 21700 Invalid-Below 21650 T- 21855 21980 Bearish-Below 21550 Invalid-Above 21600 T- 21435 21298 NIFTY has closed on a slight bearish note with 0.35% cut today. It will start to make a bearish price structure below 21550 in hourly TF. Below 21550 there can be good selling in the coming days. There has been...
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
Today Nifty opened flat and remained in a range for first half. After 1:30 it broke range, went above our buy level 21760 and 2 targets on buying side were done. We updated about the important resistance level of 21850, in last week analysis and today we saw good rejection near that level. For tomorrow, if Nifty breaks 21670 on the downside we expect to see 21630...
As we have discussed, Nifty has been moving upwards in the channel. It was trading up on the channel. But yesterday, in the last 30 minutes, the fall was very strong. It might be the clear-cut signal of the Bearish market ahead in the week. Reasons : It has been traveling in the bullish channel side. The fall was sharp, indicating the power for bears is...
Nifty is experiencing an expanding flat correction, and there is a sub-wave labeled "C." The C leg might complete around the Fibonacci level of 38%. Once the market finds support there, we can expect the completion of the "C" wave, potentially evolving into the 5th impulse wave. This represents the basic structure. However, if it doesn't find support at 38%, then...
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
"Very happy New Year, friends! May the New Year overflow with prosperity, successful investments, and exciting opportunities for our stock market. Wishing everyone a year of wise choices, profitable trades, and joyous moments. Happy New Year to our incredible team!🤝🍬🌺❤️ Here are the directions for January 1st: The global market sentiment is moderately bullish,...
These Levels are based on purely mathematical calculations. Validity of levels are upto expiry of current week. How to use these levels :- * Mark these levels on your chart. * Safe players Can use 15 min Time Frame * Risky Traders Can use 5 min. Time Frame * When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking...
NIFTY Intraday Trade Setup For 01 Jan 2023 Bullish-Above 21810 Invalid-Below 21760 T- 21940 22070 Bearish-Below 21670 Invalid-Above 21710 T- 21570 21435 NIFTY has closed on a bullish note last week with 1.79% gain. Index is approaching 22k mark as discussed in the last week. Possibility of a major top seems near 22500 zone. However 22070-22100 can also trigger...
Today was a range bound day, Nifty moved in 70 points range from 21760 to 21690 broadly. Sell trade triggered below 21720 and Nifty hit our 1st target on the downside. For tomorrow, if Nifty sustains above 21760 we expect to see more upside towards 21790 and upper marked levels. On the other side, if Nifty breaks 21670 on the downside, we may see 21630 and below...
Happy New Year 2024 to everyone.. New beginnings are just around the corner. Nifty Prediction for Tomorrow BEARISH Reversal from 2780-21800 Resistance zone, any breakout of this level we can expect BULLISH Rally. Look for Buy/Sell at Demand and Supply zone for profitable trades. Demand and Supply Zones - When price breaks the zone, Demand zone will become...
Greetings, fellow traders! As we bid farewell to 2023 and welcome 2024, I want to wish you all a very Happy New Year. 🎉 What a year it has been for us! We have witnessed some incredible highs and lows in the market, and we have learned a lot from our successes and failures. We have also grown as traders, honing our skills and strategies, and adapting to the...
Today was a typical expiry day, Nifty opened with a gap-up and after consolidation made a low at 21678 and our buy level was 21680. Nifty gave a good upside from our buy level towards 21801 and all our targets were done. Though we took Nifty Sell trade and booked approx 40 points profit in options that was the only trade for today. For tomorrow, if Nifty sustains...
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
Nifty has been stronger than BNF today. Since the trend is bullish, it makes sense to enter this trade. 21700 to 21747 market can be sideways. Above 21747, we can see buyers. Target, if bullish, should be 21762 and 21775-21785. Below 21700, we can see bearishness. The target should be 21689. I'm leaning towards bullishness with the multi-day trend - today is...